Mixed Use

Naftali Group Closes On 1.3-Million-Square-Foot Miami Worldcenter Site With Plans to Build Two Supertall Residential Skyscrapers

8:00 am on March 29, 2022 By Oscar Nunez

New York-based developer, Naftali Group, a leading privately held global real estate development and investment firm, recently announced it has closed on a development site allowing 1.3 million square feet of new construction at 1016 Northeast Second Avenue in Miami Worldcenter, which spans 27 acres near Downtown Miami and is the second largest active private development in the United States with $4 billion in total investments. Naftali, in partnership with Cara Real Estate Management, purchased the site for $40.5 million. Mika Mattingly, Executive Managing Director at Colliers’ Urban Core Division, represented both Naftali, and Akara Partners, the seller, in the off-market transaction. According to a press release, the developer is planning to construct two supertall residential towers, which would be the first for Miami Worldcenter. Pre-sales for 1016 Northeast Second Avenue are slated for the end of this year.

The Row Offers 48 Units to College Students at 1130 SW 5th Avenue, Gainesville, Florida

7:00 am on March 25, 2022 By Colt Dodd

The Row, a student housing community in Gainesville, Florida, is now leasing for fall 2022. The $16 million venture broke ground in early 2021, with Kast Construction Company LLC operating as the general contractor. The mixed-use venture requires about 140,000 square feet of new construction.

Oasis Pointe Nearing Completion at 150 South Bryan Road, Dania Beach, Florida, 33004

7:00 am on March 24, 2022 By Colt Dodd

In March 2021, Cymbal Development broke ground on Oasis Pointe, a residential venture comprising more than 300 units. The building will measure eight stories above grade and feature more than 56,000 square feet of new construction.

Alture Westland Nearing Completion at 1950 West 49th Street, Hialeah, Florida, 33012

7:00 am on March 22, 2022 By Colt Dodd

Alture Westland is nearing completion in Hialeah, Florida. The $30 million venture, located on the former premises of a Ramada Inn, will offer 251 luxury median-priced units. According to a 2021 report from the Miami-Herald, layout plans comprise studios and one-bedroom units, ranging from 340 square feet to 600 square feet each.

Phase One Of PMG’s Society Orlando Nears Topping Out At 434 North Orange Avenue

8:00 am on March 19, 2022 By Oscar Nunez

Construction is nearing the final floors on phase one of Society Orlando, a two-towered mixed-use development of 26 and 16 stories at 434 North Orange Avenue in the Central Business District of Downtown Orlando. The project is designed by Orlando’s very own Baker Barrios and is being developed by national real estate developer Property Markets Group (PMG) alongside New York City-based investment firm Raven Capital Management. John Moriarty & Associates is managing the development’s construction, which will ultimately yield 707 residential units between both towers and 36,000 square feet of ground floor commercial space. The first phase of construction is comprised of the taller, approximately 350-foot-tall tower rising along West Livingston Street with 462 units.

221 Street Duplex LLC Proposes Mixed-Use Venture for 22190 S.W. 122nd Avenue in Miami-Dade County, FL

7:00 am on March 9, 2022 By Colt Dodd

221 Street Duplex LLC recently submitted plans for “Cauley Point Apartments,” a residential community offering 132 units. Layout plans range from one-bedroom to three-bedroom models, measuring 532 square feet to 1,285 square feet each.

Water Street Tampa Achieves LEED Silver Certification For Neighborhood Development Plan

7:30 am on March 8, 2022 By Oscar Nunez

Tampa-based real estate development firm Strategic PropertyPartners, LLC (SPP) recently announced that Water Street Tampa — the mixed-use development transforming 56 contiguous acres along the Downtown Tampa’s waterfront — has achieved LEED silver certification under the category of LEED® for Neighborhood Development: Plan, which focuses on the design of public spaces between buildings and how they will be used by people in the community. The United States Green Building Council awarded this certification to Water Street Tampa for the design of its walkable streets, tree-lined and shaded streetscapes, access to quality public transit, proximity between housing and jobs, and energy-efficient infrastructure, all part of Water Street Tampa’s commitment to employ sustainability and wellness-based design on a district-wide scale.

PB Riverfront Unveils Conceptual Renderings For Jacksonville’s Second Tallest Tower

8:00 am on March 7, 2022 By Oscar Nunez

Conceptual renderings have been released for 40-story, 550-foot-tall mixed-use building planned for 500 Bay Street East along the Northbank in Downtown Jacksonville, the site of the recently demolished Berkman Plaza II. Designed by Jacksonville-based KBJ Architects, who has over 70 years sculpting the Downtown skyline, and developed by PB Riverfront Revitalization of Jacksonville LLC, the building is being proposed as the potential second tallest tower in Jacksonville and would yield approximately 469 residential units including 250 apartments, 219 condos for sale and 25,000 square feet of ground floor retail. PB Riverfront managing member Park Beeler estimated the cost of the project at $170 million. Renderings were unveiled by the developer following the implosion of the previous structure, which stood on the property unfinished for 15 years.

26-Story Mixed-Use Tower ‘Venus’ Proposed For 2060 Northeast 164th Street In North Miami Beach

8:00 am on March 6, 2022 By Oscar Nunez

The Planning and Zoning Board of the City of North Miami Beach will consider plans for NMB Venus, a 26-story mixed-use development proposed to improve an existing surface parking lot at 2050 Northeast 164th Street. Designed by Burgos Lanza Architects & Planners and developed by Crep NMB Venus LLC, an affiliate of New York City-based developer Carpe Real Estate Partners, the development is proposed to yield 651,620 square feet of new construction including 351,584 of residential space across 439 rental units, 10,735 square feet of ground floor commercial space and an integrated parking garage with 499 spaces. Fortis Design + Build is listed as the development manager with Kimley-Horn as the civic engineer and landscape architect.

Swire Properties Reapplies For FAA Permits To Build 1,049-Foot Supertall One Brickell City Centre

8:00 am on March 5, 2022 By Oscar Nunez

Hong Kong-based real estate developer Swire Properties (Swire) has reapplied for building permits with the Federal Aviation Administration (FAA) for One Brickell City Centre, an 80-story mixed-use supertall skyscraper that is proposed to top off at 1,049-feet above sea level at 700 Brickell Avenue in Miami’s Financial District. A total of four permit applications were filed on March 1, 2022 indicating the building would reach a structural height of 1,040-feet before factoring in the elevations of the development site. The filings mark the third time Swire applies for building permits to build One Brickell City Centre, having applied twice before and gaining approvals in 2015, which expired, and 2018, which will expire later this year in June. According to Swire’s recent investors presentation, One Brickell City Centre will yield approximately 1,967,000 square feet including retail, office, hotel and residential space.

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